Laserfiche WebLink
Docusign Envelope ID: 5AAB150C-OD31-4494-86DC-3Dl4l5FAC19E <br />marks, logos, trade dress, or other branding designation that identifies the Products made <br />available by the Contractor under the Term Contract. <br />SECTION 19: FINANCIAL CONSEQUENCES <br />Failure to comply with the requirements of the Term Contract will result in the imposition of <br />financial consequences. The following financial consequences will apply for the Contractor's <br />failure to meet the performance metric standard and due date corresponding with the deliverables <br />under the Term Contract. The Customer may impose additional Financial Consequences beyond <br />those stated herein to apply to that Customer's purchase. The State of Florida reserves the right <br />to withhold payment or implement other appropriate remedies, such as Term Contract termination, <br />or nonrenewal, when the Contractor has failed to comply with the provisions of the Term Contract. <br />The financial consequences below will be paid and received by the Department of Management <br />Services within 30 calendar days from the due date specified by the Department. These financial <br />consequences below are individually assessed for failures over each target period beginning with <br />the first full month or quarter of the Term Contract performance and every month or quarter, <br />respectively, thereafter. <br />Financial Consequences Chart <br />r r <br />r Deliverable <br />,Pertormance:lletric <br />Performance Due + <br />t s Dazg` ti ; ; <br />F�nandial , <br />3Consequence for <br />All Term Contract <br />Completed reports <br />Contractor will timely <br />Quarterly Sales <br />are due on or before <br />submit complete <br />Reports will be <br />the 30th calendar day <br />Term Contract <br />$250 per day late <br />submitted timely with <br />after the close of <br />Quarterly Sales <br />the required <br />each State fiscal <br />Reports <br />information <br />quarter <br />All MFMP <br />" <br />Completed reports <br />Contractor will timely <br />Transaction Fee <br />are due on or before <br />submit complete <br />Reports will be <br />the 15 calendar day <br />$100 per day late <br />MFMP Transaction <br />M <br />submitted timely with <br />after the close of <br />Fee Reports <br />the required <br />each month <br />- <br />information <br />No favorable action will be considered when Contractor has outstanding Term Contract <br />Quarterly Sales Reports, MFMP Transaction Fee Reports, or any other documentation <br />owed to the Department or Customer, to include fees / monies, that are required under this <br />Term Contract. <br />Additional Terms and Conditions to the Enterprise Contract (9/30/2024 Version) Page 2 of 2 <br />621 <br />